Operate data centers in Australia and Canada. Manage computing hardware and electrical infrastructure. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
Average growth of 86% a year over the last 4 years. Red columns mark years that ended in a loss.
At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.
This company is not turning a profit, so the market is pricing its sales instead: 22.1× for every dollar of annual revenue.
Against companies in its own sector, it looks cheaper than 14% of them.
Analysts' average target sits 92% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
The price is looking for direction — no strong breakout, no collapse.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
The stock trades 43% below its peak. The market has trimmed its expectations for the company.
The company sells $707M a year; the problem isn’t sales — it’s costs running above that number.
Over the last 12 months, company executives reported 16 buys and 7 sells. Management buying with its own money is usually read as a good sign.
A loss of $702.6M against $707M in annual sales.
This stock swings about 4.3 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, IREN sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: IREN has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.
Analysts’ average target sits above today’s price, yet the valuation grade (14/100) says the stock isn’t cheap.
Not covered, because the filings we hold do not carry it: the revenue breakdown.